Builder

Navigate sole trader taxes and GST for Australian builders.

Allowable Expenses

• Site Equipment — Ladders, scaffolding, and generators used on-site.
• Insurance — Public liability and builders' warranty insurance.
• Subcontractor Payments — Amounts paid to other tradies for work on your projects.
• Project Software — Project management and estimating software subscriptions.

Tax Tips

• Payments to subcontractors must be reported via the TPAR (Taxable Payments Annual Report).
• Ensure you are registered for GST if your turnover is over $75k.
• Capital works deductions may apply for office or storage improvements.

Frequently Asked Questions

What is TPAR?

The Taxable Payments Annual Report tracks payments made to contractors in the building and construction industry.

Can I claim for project management software?

Yes, subscriptions for business software are fully deductible.